Recent content by Bingoking

Corzine was able to retrieve at least $500K of it. Don't worry, it will be put to good use. http://www.weeklystandard.com/blogs/jon-corzine-raised-500000-obama_620781.html

Keep an eye on the economic calendar and be flat when a major report is coming out . . . or if Ben is scheduled to speak. Stops won't help you in flash situation. You'll get the worst possible fill, it goes with the territory.

If you have IB as your broker you can trade straight up on your Mac without a dual boot.

Have had a MacBook Pro 15" for 3 years. Hard as a rock. No regrets.

corn

Like so many: "I didn't go to college for nothing . . . . I paid for it." As another saying goes: "If you can't trade . . . . trade corn." (great place for a trader to start BTW).

On IB's website there still may be some archived webinars on "Reading Order Flow". I think Dan Gramza was one of the instructors. The DOM tells a lot. Pretty much for short term, in-and-out stuff. Once in a while you get a good position. Reading the DOM perhaps is similar to "tape reading."...

Open E Cry is worth a look. Been using them and have no complaints. I just use their charts and DOM. Always get good fills.

There is a no-stop, always-in system using 2 MA crossover. Curtis Faith talks about it in his book "Way of the Turtle."

Stok is correct. Moves like yesterday go with the territory. When one signs up with a broker you may read something like "risk of substantial loss . . ." Days like yesterday is what they are talking about. Which is why one should use money they can afford to lose. Because you probably will...

True. I have heard Linda Raschke say 40% of ES trades are black box.

Google "Day Trader's Bible" and you should be able to download a free PDF of Wycoff's book for some more weekend reading. It was written in early 1900's but the principles still apply. Amazing how that works.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=56373&highlight=tape+reading

After you click on that link click on the "Industry Sponsored" tab then scroll down to Feb. 14, 2008.

Here is the link to a Jack Broz webinar. http://www.interactivebrokers.com/en/general/education/priorWebinars.php?ib_entity=llc This should get you to IB's Previously Recorded page and the "Industry Sponsored" tab then scroll down to Feb. 14, 2008 date. I have not seen this particular one...